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Compliance Updates

Norway Regulator Monitors Banks Over Illegal Gambling Transactions

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The Norwegian Lottery Authority (Lotteritilsynet) will monitor nine banks in the country to ensure compliance with a ban on processing transactions with unlicensed operators.

National laws state banks in Norway cannot allow deposits into and withdrawals from sites without a licence. This is in accordance with Section 5 of the Norway Gambling Act.

Lotteritilsynet did not say whether the banks in question breached this ban, nor did it reveal their identities. However, the regulator did confirm it will put in place “supervision of compliance” for each of the nine banks.

The regulatory body has the power to order banks to block transactions to and from specific accounts and companies.

In the briefing sent to each bank, Lotteritilsynet has requested information on the measures in place to stop transactions with unlicensed sites. The banks must also present any internal processes for compliance with the ban.

Lotteritilsynet lawyer Rannveig Gram Skår said: “For a long time, we’ve focused on dialogue with Norwegian banks and financial institutions. For the first time, we have chosen to open a more thorough inspection of compliance.

“We know that the payment intermediary ban is an important tool to protect the Norwegian sole proprietorship model. The purpose of the model is to prevent gambling problems and other negative consequences of gambling.”

The banks have three weeks to respond to the initial requests from Lotteritilsynet.

“We largely expect to see that the banks have effectively complied with our decisions,” Gram Skår said.

Compliance Updates

Romanian Mayors Push to Ban Gambling Halls

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A wave of Romanian mayors has followed the example set by Slatina’s mayor, who recently announced plans to eliminate gambling halls from his city under newly amended legislation. While the political signal is growing louder, the decisive vote belongs to local councils – and gambling operators are unlikely to retreat without resistance.

On February 26, the mayor of Vaslui, Lucian Braniște (PSD), said he would submit a draft decision to the Local Council seeking a ban on gambling halls within the city. He argued that gambling has become a serious social issue across many Romanian communities.

“In recent years, gambling has become a real problem in many communities in Romania. Beyond advertisements and colorful lights, behind these halls, there are too often stories of affected families, debts, addiction, and suffering,” the mayor said.

In Ploiești, mayor Mihai Polițeanu also voiced support for eliminating gambling venues and announced that he would table a similar proposal before the City Council, Economedia.ro reported. He described parts of the city centre as having turned into a “strange, underworld-like” area, suggesting that the proliferation of betting shops has contributed to urban degradation.

The mayors of Brăila and Rădăuți have likewise declared their intention to pursue restrictions on gambling activities.

The initiatives follow a recent amendment to gambling legislation adopted by the government, which now requires operators to obtain not only a national licence but also a local authorisation from the mayor’s office in the municipality, town, or commune where they operate. The new provision also empowers local councils to decide whether such activities may take place within their administrative boundaries.

While the political momentum appears to be building, the outcome will ultimately depend on council votes in each locality. Given the economic stakes and the industry’s established presence, legal and political battles are expected before any city can formally declare itself gambling-free.

The post Romanian Mayors Push to Ban Gambling Halls appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Compliance Updates

Crypto.com Receives Limited Financial Institutions Licence in Europe

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Crypto.com has announced another regulatory milestone: its EU MiCA regulated entity has received a Limited Financial Institutions licence from the Malta Financial Services Authority (MFSA). The approval allows the company to continue delivering its full suite of stablecoin services – qualifying as payment services – across the European Union, without disruption.

This additional licence is for the provision of services exclusively in relation to electronic money tokens (EMTs). The licence was acquired to navigate a complex regulatory landscape resulting in overlapping crypto asset services (MiCA) and payment services (PSD2). By securing the Limited Financial Institution Licence, Crypto.com has addressed both regulatory regimes ensuring full compliance across every aspect of its stablecoin operations.

Crypto.com’s Malta entity received MiCA approval in January 2025, allowing the company to passport services across the European Economic Area (EEA). Notably, Crypto.com already holds a full Electronic Money Institution (EMI) licence in Europe, making it one of the most comprehensively authorised platforms operating in the region.

“We are one of the most regulated crypto platforms in the world and receiving this licence proves, yet again, that we are committed to working with authorities to ensure the strongest compliance standards. Our stablecoin business and services remain a pivotal part of our European product offering so it was vital we secured this limited licence to continue providing seamless access to our institutional and retail customers,” said Eric Anziani, President and Chief Operating Officer at Crypto.com.

The limited Financial Institutions licence adds to Crypto.com’s expanding list of licences and registrations globally including, but not limited to, a UK Electronic Money Institution licence (FCA), a Major Payment Institution licence in Singapore (MAS), a Virtual Assets Service Provider licence in Dubai (VARA), U.S. Money Transmitter Licences, U.S. Designated Contracts Market (DCM) & Derivatives Clearing Organization (DCO) licences and recently conditional approval from the U.S. OCC for a National Trust Bank Charter.

The post Crypto.com Receives Limited Financial Institutions Licence in Europe appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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CertiIQ

CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance

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CertiIQ™, a RegTech platform created to offer a unified source of truth for certification, audit, and regulatory compliance, has announced its entry into the iGaming sector today.

CertiIQ™ consolidates test reports, monitors certification and audit expiration dates, and facilitates secure collaboration among stakeholders. It also provides live RTP monitoring, asset integrity verification through API, workflows for change management, and comparative regulatory gap analysis for businesses entering new markets.

It has also been designed to guarantee that reports are automatically incorporated into client workspaces, eliminating manual transfers and minimizing operational friction, and has been created to facilitate workflows with prominent labs such as GLI, BMM, RiskCherry, Gaming Associates, and eCOGRA.

Leading this innovative platform are seasoned professionals Deion Williams and Julian Borg-Barthet, who collectively bring over 30 years of combined expertise from prominent testing laboratories, operators, and suppliers.

“Building something that we wish we had when we first got started, is a proud moment for us” said Julian Borg-Barthet, Co-Founder of CertiIQ™. “The enthusiastic feedback we’ve received so far has been a testament that we’ve been on the right track.”

Launching in early access this March, CertiIQ™ is welcoming its initial customers while progressing toward a live release and is eager to partner with early adopters as regulatory challenges increase across all regulated iGaming markets worldwide.

The post CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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